LightReader

Chapter 644 - Chapter 642: Turning the Tide

Vancouver, known as the "Hollywood of the North," sat quietly, almost like a hidden paradise, providing a peaceful and isolated work environment.

Some might argue that Vancouver isn't that remote or isolated. It's still in North America, only a two-hour flight away from other major cities. Let's not treat Vancouver like Alaska, as if it's the end of the world.

However, the reality is that being away from Hollywood's center makes Vancouver a much calmer and quieter place. The glitz and glamour of Tinseltown fade as you travel north, into the snowy kingdom of Canada.

While it's not truly cut off from the world, it's far enough to feel distant.

As Anson threw himself fully into the filming of The Butterfly Effect in Vancouver, Hollywood was undergoing a new wave of turmoil and transformation, with the film industry facing another round of disruptions. On the surface, it seemed to have nothing to do with Anson.

After all, Anson was still new to the game, not yet influential enough to shake the industry's foundations. He wasn't important enough to be involved in every little thing happening in Hollywood.

Yet, as the story unfolded, all roads somehow led back to Anson once again, proving once more that he was the hottest rising star in Hollywood.

It all revolved around the summer blockbuster season.

After a period of chaos and turbulence, this year's summer release of Spider-Man exploded onto the scene, shattering records and rewriting history. The waves of excitement carried on through the summer, with Hollywood beaming with joy and celebration.

But that wasn't enough.

For Hollywood and Wall Street, the success of one film or one summer isn't worth getting excited about. They wanted a formula that could be replicated, something they could produce on a factory-like assembly line. What they needed were not just one or two successful films, but five, ten, or a hundred films in a row. Even before the summer season ended, their sights were already set on next year and the year after that.

And beyond.

They had their eyes on the fall release season, the holiday season, and the winter box office.

Traditionally, the fall season has always been quieter, coming right after the summer blockbusters. The audience's excitement has usually waned by then, as students return to school and the market begins gearing up for the holiday rush. It's typically the weakest time of the year for films, but that doesn't mean the studios ignore the fall.

The studios are always thinking about how to spark the fall season.

This year, even before Spider-Man hit theaters, all the major studios were already preparing their lineups for the fall and holiday seasons, hoping to revitalize the market.

More precisely, they had a two-pronged approach.

On the one hand, their focus remained on the summer season, aiming for the prime spots and hoping for success during that time.

On the other hand, the studios were also prepared for the possibility that the summer might not deliver as expected. If the summer box office underperformed, what was their plan? Should they just stop working altogether?

Of course not.

The top studios are filled with sharp, capable leaders who don't give up easily. Instead, they laid the groundwork step by step.

From their perspective, the film market wasn't going to remain stagnant forever. In 2002, movies were still one of the most popular forms of entertainment, and audiences were bound to return to the theaters eventually. If it didn't happen in the summer, it would be in the fall or during the holidays.

It was that simple.

So, they weren't putting all their eggs in one basket.

The truly skilled strategists focused on the summer blockbusters, but they didn't bet everything on them. They also had plans for the fall and holiday seasons.

As a result, the usually quiet and empty fall lineup received extra attention this year, with studios laying the groundwork early for the holidays.

The competition was fiercer than ever.

Warner Bros. came out strong with Harry Potter and the Chamber of Secrets, MGM had 007: Die Another Day, Paramount released Star Trek: Nemesis, Miramax had Gangs of New York, New Line Cinema brought The Lord of the Rings: The Two Towers, and Universal launched 8 Mile, among others.

The fall lineup was packed with heavy hitters, bombarding the market from all sides.

In terms of quality, quantity, excitement, and buzz, this fall season was no less significant than the summer.

Leading the charge was Warner Bros.

This summer, Warner Bros. had a quieter season. That's not to say it was a failure—Scooby-Doo brought in $150 million, and Austin Powers in Goldmember raked in $210 million. Amid fierce competition, Warner Bros. still held its ground and didn't fall behind.

But if you look closer, you'll see that Warner Bros. took a step back in the summer season.

Typically known for its high-investment, high-return projects, Warner Bros. didn't release any movies with a budget over $100 million this summer. Instead, they let films like Spider-Man and Star Wars: Episode II dominate the spotlight. Their focus was clearly on the latter half of the year. This strategy of shifting their efforts to a different time of year was a bold move.

With one of their own movies, Harry Potter, and another from New Line Cinema, The Lord of the Rings, Warner Bros. held their two strongest cards. They were hoping to open up a new path outside of the summer season and re-establish the market order amidst the chaos.

Now that's true confidence.

When everyone else was playing it safe, sticking to the summer season, Warner Bros. boldly aimed to disrupt the market by focusing on other times of the year. After all, the recovery of the summer box office was still uncertain at that time.

If Warner Bros. succeeded, it would completely rewrite the North American film industry's schedule, which had held steady for the past thirty years.

However.

The summer box office boomed, Spider-Man was a massive success.

As a result.

Warner Bros. and the rest of the projects lined up for the fall found themselves in an awkward position.

This summer saw unprecedented energy and record-breaking performances. The total box office revenue for the summer season hit new heights, meaning the fall season was once again under pressure.

Suddenly, the situation became urgent.

The outcome? Not great.

Leading the fall lineup was Harry Potter and the Chamber of Secrets, which had sky-high expectations. After all, Harry Potter and the Sorcerer's Stone had been a box office juggernaut, rewriting the record books. However, this $100 million sequel fell short of expectations.

Not only did its opening weekend fail to make history, but poor word of mouth also caused its subsequent box office earnings to drop much more sharply than anticipated. It could even be called disastrous. After five weeks in theaters, its total gross barely reached $200 million.

By all standards, a $200 million box office gross is impressive. But by its fifth weekend, the film was only making $6 million over three days, meaning it wouldn't come close to the $300 million mark.

Compared to last year's Harry Potter and the Sorcerer's Stone, which grossed $288 million in North America, this was a step backward. It was undeniably disappointing.

Even a Harry Potter film couldn't change the market dynamic. Perhaps Warner Bros. had been too reckless?

But wait—what does all this have to do with Anson?

The reason is simple: Harry Potter and the Chamber of Secrets' underperformance was only the beginning. Other films soon faced similar struggles, and soon, Anson would be drawn into the fray.

More Chapters